1994

The recent upswing in the price of copper — the red metal set a new 15-month high by topping US$1 per lb. — has caught the attention of producers and investors alike. Unlike the sudden rallies withi…

During the past 12 months, Geddes Resources (TSE) has made more than 80 attempts to persuade the British Columbia government to begin the process of compensation for its expropriated Windy Craggy copp…

Check assays on core from the Candelaria copper prospect in Peru have failed to improve upon previous results. Property owner Rio Amarillo (VSE) sent samples from the secondary enriched zone of six dr…

In Greenland, exploration has begun on two base metals properties in which Platinova A/S (TSE) holds interests. Two drills have been sent to the northern peninsula of Peary Land to explore the company…

Your editorial “Exodus” (T.N.M., June 6/94) suggests a number of reasons for a decline in exploration in Canada and, to your credit, some potential solutions. My concern is your reference to junior ex…

Environmental concerns will be the focus of the Mining Environmental Management Conference at Reno, Nev., Oct. 16-19. The conference and accompanying exhibition are aimed at executive and technical ma…

Toronto-based Tri Origin Exploration (TSE) has started work on its four Ontario gold projects. A 2,500-metre drill program will be carried out on the Sault project, 90 km north of Sault Ste. Marie. Pr…

The tonnage figure for the Troilus project of Metall Mining (TSE) was incorrectly reported in T.N.M., June 20/94. The correct figure is 54.2 million tons.

A half interest in the Aurora Partnership gold mine enabled Electra Mining Consolidated (VSE) to earn $382,462 (14 cents per share) in the first quarter. This compares with a loss of $42,416 for the s…

CDN-listed Hendricks Minerals Canada can earn a 75% interest in three properties in New Brunswick and Nova Scotia. The agreement covers gold geochemical and geophysical anomalies in Paleozoic volcanic…

Toronto-based Hardrock Extension (TSE) and a private investor have arranged a private placement of more than 740,000 shares at 20 cents each. Proceeds will be used this summer to explore a property in…

Junior Cliff Resources (TSE) can increase its ownership in the Cassiar joint venture to 50% from 30% Situated in northeastern British Columbia, the former-producing Cassiar mine site consists of build…